Common use of Life Insurance Conversion Clause in Contracts

Life Insurance Conversion. Employee has the right to convert Employee's life insurance coverage under Employer's Group Life Plan and dependent life insurance coverage obtained by the Employee under Employer's Dependent Life Plan to individual life insurance policies. Conversion forms and premium rates applicable to such conversion programs will be provided separately by the relevant insurer.

Appears in 2 contracts

Samples: Separation Agreement (Willbros Group Inc), Separation Agreement (Willbros Group Inc)

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Life Insurance Conversion. Employee has the right to convert Employee's life insurance coverage under Employer's Group Life Plan and dependent life insurance coverage obtained by the Employee under Employer's Dependent Life Plan to individual life insurance policies. Conversion forms and premium rates applicable to such conversion programs will be provided separately by the Employer or the relevant insurer.

Appears in 1 contract

Samples: Separation Agreement (Willbros Group Inc)

Life Insurance Conversion. Employee has the right to convert Employee's ’s life insurance coverage under Employer's ’s Group Life Plan and dependent life insurance coverage obtained by the Employee under Employer's ’s Dependent Life Plan to individual life insurance policies. Conversion forms and premium rates applicable to such conversion programs will be provided separately by the relevant insurer.

Appears in 1 contract

Samples: Separation Agreement (Willbros Group Inc)

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Life Insurance Conversion. Employee has the right to ------------------------- convert Employee's life insurance coverage under Employer's Group Life Plan and dependent life insurance coverage obtained by the Employee under Employer's Dependent Life Plan to individual life insurance policies. Conversion forms and premium rates applicable to such conversion programs will be provided separately by the relevant insurer.

Appears in 1 contract

Samples: Separation Agreement (Willbros Group Inc)

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